Again. Before being stupid and going out and purchasing some insane amount of fucking shares, give your head a shake. These stocks can go to zero. Always invest, thinking you will lose everything. Read my disclaimer at the bottom of the main page please.
Junior Miners Update:
#1 Tinka Resources Current Price .36 cents $CAN Tickers (TK.V, TKRFF)
Tinka received their drill permits. This is exactly what we needed. Volume surged, but the warrants were selling their paper around .37-.39 in large amounts. They have been in Tinka for a while, I dont blame them. Moving forward there is a a major 50 hole drilling program underway. I look forward to the drill results. I'm pegging a .75 target on this by summer. Possibly higher if Spot silver price continues its march to $50.
#2 Encanto Potash Current Price .53 cents $CAN Ticker (EPO.V)
Encanto is about to receive its 43-101 resource estimate any day, any second. This is a great junior with an enormous land package with huge potential. I'm hoping the resource estimate is around the 500 million tonnes. This is either going to be a $2 stock, or a .20 cent stock shortly. It would be my greatest disappointment of the year if management does not have the goods. It would put me in a fowl mood, quickly. Volume lately has been robust, to say the least. Somethings coming soon.
#3 Great Western Minerals Group Current Price .85 cents Ticker (GWG.V)
Price had surged to $1.20, but has cooled off a bit. This stock has a target of $2.25 from Sprott and many other analysts. Its my number one Rare Earth metals Play.
Make sure you know the consequences of investing in Junior miners. Not meant for weak stomachs. You can lose 100% on any of these plays. Do your own DD. And read disclaimer please.
I will be on the road today, will post up later in afternoon, I will be watching how Blythe works today, as today is important. Ben is talking too. This should be an interesting day to say the least.